Safran reports share buybacks as Bernstein raises target for Safran stock

Published on 10/05/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue grew 16.80 percent to EUR 17.25 billion in the first half of 2026. Safran stock costs EUR 328.90 on October 5, 2026 versus EUR 331.30.

Watercolor of French aerospace facility beside airfield with aircraft taking off — Safran FR0000073272 watercolor painting of French aerospace industrial facility with departing aircraft contrails, Illustration mit AI erstellt.

Safran (ISIN FR0000073272) reported transactions totaling 215,259 shares bought for cancellation from September 28 to October 2, 2026. In the same period, Bernstein Research raised its 12-month price target from EUR 410.00 to EUR 420.00 while keeping an Outperform rating, according to Wallstreet Online citing the September 21, 2026 study.

Buyback activity reaches 215,259 shares

The share transactions were disclosed on October 5, 2026, with the shares designated for cancellation, according to Les Echos. The disclosed total covers purchases executed across several trading venues, including 165,259 shares on Euronext Paris during the period.

The transaction flow adds a quantified capital-return element to the aircraft-equipment group's investment case. It also gives the market a concrete reference point after Safran's September 18 announcement of a EUR 375.0 million buyback program, reported by MarketScreener.

First-half growth supports higher targets

Safran generated EUR 17.25 billion of revenue in the first half of 2026, up 16.80 percent from the comparable period, according to Ideal Investisseur. The same report put adjusted EBITDA at EUR 3.41 billion and net income at EUR 1.75 billion for the period.

Management also raised its 2026 outlook to revenue growth of about 15.00 percent, recurring operating income of EUR 6.4 billion-EUR 6.5 billion and free cash flow of EUR 4.7 billion-EUR 4.9 billion, compared with earlier ranges of 12.00 percent-15.00 percent, EUR 6.1 billion-EUR 6.2 billion and EUR 4.4 billion-EUR 4.6 billion, respectively, according to Ideal Investisseur. The upgrade in operating income guidance is EUR 300.0 million at the midpoint, matching the improvement cited in Safran's half-year commentary.

Next revenue date is October 22

Safran is scheduled to release third-quarter 2026 sales and revenue on October 22, 2026, according to MarketScreener. That date will provide the next operating check on aftermarket demand, engine deliveries and the higher full-year outlook.

Safran stock stays below the target

Safran stock was trading at EUR 328.90 at Lang & Schwarz on October 5, 2026 at 12:40 p.m. CEST, down EUR 2.40 or minus 0.72 percent versus the Lang & Schwarz prior close of EUR 331.30 on October 2, 2026. Bernstein's EUR 420.00 target is 27.70 percent above the Lang & Schwarz price, using the same euro currency.

The further course of trading is shown by the continuously updated real-time quote of Safran stock.